Bedroom count
Property type
Last updated on June 18, 2026
Average rent in
Island Lake, IL
Average rent in
Last updated on June 18, 2026
Bedroom count
Property type
Median rent
Median rent in Island Lake
$2,500/mo
25%vs previous year
The average rent in Island Lake is $2,500 per month as of June 2026. This is 28% above the national average rent, or $550 more per month.
average price per square foot
Total rentals
Available rentals in Island Lake
15
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Island Lake rentals at each price point
Rent trends in Island Lake, IL
Average rent prices in Island Lake have remained the same over the last month and have increased by 25% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Island Lake, IL
Rent prices in Island Lake vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Island Lake is $1,600, whereas a house costs $2,525. 1-bedroom apartments in Island Lake run $1,700 on average, while 2-bedroom apartments are $1,915.
Listings | ||||
|---|---|---|---|---|
Studio | $1,550 | - | - | |
1 bedroom | $1,700 | No Change | - | |
2 bedroom | $1,875 |  4% | - | |
3 bedroom | $2,450 | 1% | - | |
4 bedroom | $2,990 | 26% | 62% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Island Lake, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,600 | 15% | No Change | |
Condos | $1,725 | - | No Change | |
Houses | $2,525 | 2% | No Change |
Studio
Average rent
$1,550
1 bedroom
Average rent
$1,700
2 bedroom
Average rent
$1,875
Last 30 days
4%
3 bedroom
Average rent
$2,450
Last 30 days
1%
4 bedroom
Average rent
$2,990
Last 30 days
26%
Last year
62%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Island Lake, IL.
Apartments
Average rent
$1,600
Last 30 days
15%
Condos
Average rent
$1,725
Houses
Average rent
$2,525
Last 30 days
2%
The table above reflects average rent prices in Island Lake, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Island Lake, IL compare to other cities?
Compare median rent prices in Island Lake and Hainesville by all bedroom counts and property types.
Island Lake
28%higher than the national median
32%higher than the national median
Takeaway
The median rent for all rentals in Island Lake, IL is 3% lower than the median rent in Hainesville, IL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,579
4%$2,400
11%$2,650
$1,675
$1,650
92%$2,500
25%$2,150
6%$1,900
32%$1,575
41%$2,183
14%$2,200
24%$1,395
12%Discover rentals in Island Lake, IL
5d+ ago
Townhouse for rent in Island Lake
3416 Greenwich Ln, Island Lake, IL 60042
3 beds
1.5 baths
$1,975
House for rent
5d+ ago
House for rent in Island Lake
3829 Eastway Dr, Island Lake, IL 60042
3 beds
2 baths
$2,450
House for rent
1d ago
Cotton Creek, Island Lake, IL 60042
1 bed
1 bath
$1,550
Apartment for rent
5d+ ago
Apartment for rent in Island Lake
523 E Burnett Rd #523-2, Island Lake, IL 60042
1 bed
1 bath
$1,550
Apartment for rent
Available Jun 19
5d+ ago
House for rent in Island Lake
3829 Eastway Dr, Island Lake, IL 60042
3 beds
2 baths
$2,450
House for rent
5d+ ago
Townhouse for rent in Island Lake
3416 Greenwich Ln, Island Lake, IL 60042
3 beds
1.5 baths
$1,975
House for rent
1d ago
Cotton Creek, Island Lake, IL 60042
1 bed
1 bath
$1,550
Apartment for rent
5d+ ago
Apartment for rent in Island Lake
523 E Burnett Rd #523-2, Island Lake, IL 60042
1 bed
1 bath
$1,550
Apartment for rent
Available Jun 19
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Frequently asked questions for Island Lake, IL
Quick answers to common questions about the Island Lake rental market.
How much is rent in Island Lake?
The average rent in Island Lake is $2,500 per month as of June 13, 2026.
Is rent up or down in Island Lake?
Average rent prices in Island Lake have remained the same over the last month and have increased by 25% since last year.
How does Island Lake rent compare to the national average?
Rent in Island Lake is 28% above the national average, which means renters are paying approximately $550 more per month.
What salary do I need to afford rent in Island Lake?
To comfortably afford rent in Island Lake, you'd need to earn approximately $100,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).